Prophecy Coal Announces New Member of Board of Directors and Executive Director of Subsidiary
April 24 2014 - 02:11PM
Marketwired
Prophecy Coal Announces New Member of Board of Directors and
Executive Director of Subsidiary
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 24, 2014) -
Prophecy Coal Corp. ("Prophecy" or the "Company")
(TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) is pleased to announce that
on April 23, 2014 Masa Igata was appointed as a member of Board of
Directors of the Company. Mr. Igata has more than 25 years'
experience working in Asian financial markets and is the founder
and CEO of Frontier Securities, the first foreign investment bank
in Mongolia. Previously, he was Managing Director at Nikko
Citigroup with a leading role in Japanese equity sales and investor
relations. Mr. Igata now focuses primarily on advising resource
companies in Mongolia. Mr. Igata received his Graduate of Law from
Kyoto University and is a member of the Securities Analysts
Association of Japan and Mongolian Stock Exchange.
The Company is also pleased to
announce that its subsidiary, Red Hill Mongolia LLC which operates
the Company's Ulaan Ovoo Project, appointed Orgil Sukhee as its
Executive Director effective April 21, 2014. Mr. Sukhee is a
Mongolian business executive with over 10 years' of successful
commercial property development and management experience in
Singapore (Shangri-La Hotel), Russia (CapitaLand), and Mongolia
(MCS Properties LLC). Mr. Sukhee brings valuable hands-on
experience in day-to-day staff management, execution of complex
projects, detailed cost and procurement optimization, sales and
marketing, finance, and government relations. Mr. Sukhee has a B.A.
in Art and Social Science Economics from Moscow State Institute of
International Relations (University) MFA Russia (MGIMO) and is
fluent in Mongolian, Russian and English.
About Prophecy Coal
Prophecy Coal Corp. is a
Canadian company listed on the Toronto Stock Exchange engaged in
developing energy projects in Mongolia. Further information on
Prophecy Coal can be found at www.prophecycoal.com.
PROPHECY COAL CORP.
ON BEHALF OF THE BOARD
John Lee, Executive
Chairman
Prophecy Coal Corp.Mirza RahimaniInvestor
Relations+1.604.563.0669 or
+1.888.513.6286investorrelations@prophecycoal.comwww.prophecycoal.com